Stepney Way, London, E1

Street Guide For Stepney Way, London, E1

 
 

Stepney Way, London, E1 Map

Estimated Price: £337,651
Average Asking Price: £847,958
Price change in last one year: £36,764
Average Price Paid: £214,033
Average Rent Rates: £2,218

Samson Estate Agents
269-271 High Street, Stratford, London, E15-2TF

Free House valuation

 

Property Prices Breakdown in Stepney Way, London, E1

Average Price for property in Stepney Way, London, E1 is around £337,651 e.g. average price for a flat is around 337,651. Values have been changing and have risen £3,228 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,004 in last 6 months, £36,764 in last 1 year, £65,777 in last 2 years, £78,856 in last 3 years, £80,539 in last 4 years and £83,558 in last 5 years.

Currently average asking price of a property in Stepney Way, London, E1 is around £847,958 based on approximately 10 properties for sale. Same is the case with rental options based on 1,264 properties up for rent, average asking rent is around £2,218 per month.

Estimated property value in Stepney Way, London, E1 is £337,651. Average asking price is £847,958 while average price paid is £249,100 which is up by £36,764 and Avg. asking rent £2,218.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Stepney Way, London, E1 area. In last 1 year alone average price buyer paid is around £249,100 based on approximately 10 sales in Stepney Way, London, E1 area alone. If you compare it to last 3 years sales of 29 properties where buyers paid around £221,146. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £214,033 for 37 and average amount paid for purchase of approx. 47 properties sold in last 7 years comes to about £219,835 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £586,557, £702,348 for a 2 bedroom house, £1,464,911 for a 3 bedroom house, £1,364,989 for a 4 bedroom house and £1,611,999 for a 5 bedroom house. For a flat similarly the prices varies from £599,401 for a single bedroom to £874,180 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,118,221, £678,564 for a 4 bedroom flat and £705,000 for a 5 bedroom flat. To sum up the asking prices for properties in Stepney Way, London, E1 it comes to around average £598,961 for 1 bedroom property, £863,179 for 2 bedroom, £1,149,520 for 3 bedroom, £1,064,678 for 4 bedroom and £1,208,888 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,330 for 1 bedroom to £4,085 for 2 bedrooms, £3,097 for 3 bedrooms, £3,446 for 4 bedrooms and £3,716 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,645. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,248, £3,131 for 3 bedroom, £3,265 for 4 bedroom and around £3,012 for 5 bedroom flat. You should be generally be expecting around average £1,621 rent per month for single bedroom property, £2,325 for 2 bedroom, £3,124 for 3 bedroom, £3,312 for 4 bedroom and approximately £3,481 for a 5 bedroom property in Stepney Way, London, E1 area.

Popular Houses in Stepney Way, London, E1

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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